NSA · As filed with the SEC

National Storage Affiliates Trust income statement, by quarter

The statement as National Storage Affiliates Trust presents it in its 10-Q and 10-K: its own lines, labels and order. Tables over time lines up standardized figures across every filing.

CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS · USD thousands, except per-share amounts; shares in thousands

USD thousands, except per-share amounts; shares in thousands	Q1 2026 3 months ended Mar 31, 2026	Q4 2025^† 3 months ended Dec 31, 2025	Q3 2025 3 months ended Sep 30, 2025	Q2 2025 3 months ended Jun 30, 2025
REVENUE
Rental revenue	168,214	169,269^†	169,907	169,838
Other property-related revenue	5,586	5,934^†	6,459	6,774
Management fees and other revenue	11,601	11,828^†	12,336	12,230
Total revenue	185,401	187,031^†	188,702	188,842
OPERATING EXPENSES
Property operating expenses	52,034	51,468^†	55,347	55,627
General and administrative expenses	13,231	13,721^†	11,460	12,804
Depreciation and amortization	46,140	46,707^†	46,885	47,612
Other	3,098	3,214^†	4,101	4,500
Total operating expenses	114,503	115,110^†	117,793	120,543
OTHER (EXPENSE) INCOME
Interest expense	(39,257)	(40,152)^†	(40,549)	(41,269)
Loss on early extinguishment of debt	—	0^†	0	—
Equity in earnings (losses) of unconsolidated real estate ventures	1,155	1,894^†	463	(3,945)
Acquisition and integration costs	(811)	(797)^†	(1,439)	(2,040)
Merger related costs	(9,981)	—	—	—
Non-operating (expense) income	(302)	(391)^†	503	462
Gain on sale of self storage properties	6,458	5,297^†	0	9,571
Other expense, net	(42,738)	(34,149)^†	(41,022)	(37,221)
Income before income taxes	28,160	37,772^†	29,887	31,078
Income tax expense	(479)	(991)^†	(871)	(120)
Net income	27,681	36,781^†	29,016	30,958
Net income attributable to noncontrolling interests	(9,901)	(13,889)^†	(10,589)	(11,487)
Net income attributable to National Storage Affiliates Trust	17,780	22,892^†	18,427	19,471
Distributions to preferred shareholders	(5,153)	(5,117)^†	(5,117)	(5,114)
Net income attributable to common shareholders	12,627	17,775^†	13,310	14,357
Denominator
Earnings per share - basic (in dollars per share)	0.16	—	0.17	0.19
Earnings per share - diluted (in dollars per share)	0.16	—	0.17	0.19
Weighted average shares outstanding - basic (in shares)	77,093	—	76,746	76,474
Weighted average shares outstanding - diluted (in shares)	77,093	—	76,746	76,474
Dividends declared per common share (in dollars per share)	0.57	—	0.57	0.57

† Derived: worked out from the filings, not stated in them. A fourth quarter is the 10-K year less the nine months in the third-quarter 10-Q; a quarter of cash flows is year to date less the prior year to date.

As filed on EDGAR · Not affiliated with the U.S. SEC · Not investment advice. Each column links to its filing.